Brief introduction of spot LLDPE market of China P

On August 5, China Plastics' spot LLDPE market brief

the difference in the shrinkage rate of China plastics was also 11.79 points lower than that of large countries' plastic price index to 1329.63 points, and China Plastics' spot index fell 5.59 points to 1351.91 points

I. upstream express:

WTI futures closed at $121.41 per barrel in New York commodity futures trading, down $3.69 from the previous trading day

Asian ethylene closed steady recently, with CFR Northeast Asia reporting US dollars/ton and CFR Southeast Asia reporting US dollars/ton

II. Manufacturer dynamics:

Jilin Petrochemical LLDPE unit produces 7042; Today's price cut: 7042 film fell 260 to 13700 yuan/ton, 7042 powder fell 360 to 13300 yuan/ton

Daqing Petrochemical linear unit produces 8042kj. Today's price is stable: 7042 film material is 13800 yuan/ton, 7042 powder material is 13400 yuan/ton, and 7047 film material is 13800 yuan/ton. Different materials of 7047 powder need not click here to add picture descriptions. The same fixture is 13400 yuan/ton. Continue to implement the preferential policy of 100 yuan/ton for 50 tons and 200 yuan/ton for 100 tons

the ex factory price of Shanghai Secco LLDPE is stable: 0209aa at 13900 yuan/ton, 0220aa at 13900 yuan/ton, 0220kj at 14000 yuan/ton

Maoming Petrochemical LLDPE plant produces 7042. Today's price: 7042 at 13750 yuan/ton, 7144 at 13950 yuan/ton, 7042 powder at 13450 yuan/ton

III. local market conditions:

pe market had a very poor deal in the afternoon. At present, most parts of North China are seriously affected by the power shortage, while Shandong has suffered the largest power shortage in the past 10 years, resulting in a serious shortage of downstream construction, and the originally bleak raw material market is even worse. Most downstream factories in South China shut down, and traders' mentality fell to a low point. In East China, due to the small number of downstream orders, insufficient construction has affected demand

pe market price continues to decline. As the upstream market continues to decline, in order to reduce shipping resistance, domestic petrochemical enterprises have reduced factory prices and introduced preferential policies, which has driven the corresponding decline in market prices. As the wait-and-see mentality of downstream factories increased in the declining market, market demand shrank, and traders' mentality was poor, so they successively reduced their quotations and accelerated shipments. Current market mainstream price: LLDPE: in the future, more factories will be built at 5200 yuan/ton

according to the sample sequence transmitted by the superior computer (a sample can also be selected by manual intervention), the current price in Beijing continues to be chaotic, and some quotations are still declining. 1c7a offers at yuan/ton, and ld100ac offers 13600 yuan/ton

the market quotation of Shunde LLDPE continues to be chaotic and downward, the transaction is weak, and the merchants are short in the aftermarket. Most traders are unwilling to stock, and are basically cash in and cash out. Linear 0218d is reported at 13100 yuan/ton, and 7000F is reported at 13300 yuan/ton. All the above are tax free quotations

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